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Atlanta Condos For Sale

Midtown Atlanta Market Report | Cornerstone Village | March 2013

April 15, 2013 by Thom Abbott

 

Cornerstone Village is still the value leader in Midtown Atlanta, and offering a Peachtree Street address AND location! This building is also very popular with Georgia Tech Students and Parents looking to purchase off-campus h0using. 

Midtown Atlanta Market Report | Cornerstone Village | March 2013

 

Cornerstone Village Midtown Atlanta GATech Off campus Housing

 

Let’s look at the Market Report for March for Cornerstone Village Condominiums….

 

ACTIVE LISTINGS (4) (Unchanged from January’s Report)

  • Three 1 Bedroom homes ranging from $89,000 –  $165,000 — Average List Price: $131,000
  • One 2 bedroom listed at $209,000

PENDING LISTINGS (UNDER CONTRACT) (8)

  • SEVEN 1 Bedroom homes ranging from $65,000 – $100,000 — Average List Price: $78.000
  • One 2 Bedroom home at $120,000

SOLD LISTINGS (3)

  • Three 1 Bedroom homes ranging from $86,000 – $99,000 — Average Sold Price: $94,000

2o12 SALES ACTIVITY COMPARISON

  • 1 Bedroom Average Sales Price was $74,000
  • 2 Bedroom Average Sales Price was $142,000

 

The numbers here show how things go up and down in a specific building. In 2012, we thought we can cleaned out the low hanging fruit with an Average Sales price of $74,000 on 1 bedroom homes. THEN, in March, our Average Price for homes Under Contact is at $78,000, but the SOLD homes in March were at $94,000!! We’ll have to see if any of the Pending Listings sell for more than their list price.

 

Search Cornerstone Village Condos For Sale HERE

Filed Under: Market Reports Tagged With: Midtown Atlanta Condominiums, Midtown Atlanta Market Reports, midtown atlanta real estate

Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

PalmerHouse Properties

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